Nature’s Miracle enters into an MOU with PowerGrow to further the agricultural revolution with a sustainable ecosystem of food and energy infrastructure

https://www.prnewswire.com/news-releases/natures-miracle-enters-into-an-mou-with-powergrow-to-further-the-agricultural-revolution-with-a-sustainable-ecosystem-of-food-and-energy-infrastructure-301940971.html

NEWPORT BEACH, Calif., Sept. 27, 2023 /PRNewswire/ — Nature’s Miracle Holdings Inc. (“Nature’s Miracle”), a leader in the controlled environment agriculture industry, announces that it has entered into a non-binding Memorandum of Understanding (“MOU”) with PowerGrow Inc. (“PowerGrow”) to, subject to the execution of a final agreement, work cooperatively to develop a nationwide portfolio of clean energy enclosed greenhouses containing indoor grow, processing and packaging spaces and incorporate 10 MW to 40MW of clean power generation systems. The high-tech, clean energy powered enclosed greenhouse and packaging, facilities, are expected to incorporate advanced LED lighting; packaging, washing and cooling facilities; automated watering and fertilizing and harvesting systems; control software, sensors and advanced AI-based solutions; and other novel, leading-edge agritech solutions.

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